1H trend (delimited by red resistance and support) will encounter the 1D main descending support line in the coming hours. The gold price is helped by the 1H trend and can break the descending resistance in the coming hours. This can definitively abort the bearish trend of Gold.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.